After reaching a historic peak on Wednesday, Gold Prices in Pakistan fell significantly on Thursday due to a drop in international rates.
The cost of 24-karat gold per tola decreased by Rs1,000 to Rs263,000, while the price for 10 grams of 24-karat gold fell by Rs857 to Rs225,480, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
Read more: Gold Prices in Pakistan Soar to Record High After Latest Surge
The decline in local gold prices reflects global trends, with international gold dropping to $2,518 per ounce. Silver prices, however, remained unchanged at Rs2,900.
Last month, gold prices in Pakistan had reached an all-time high of Rs263,700 per tola, with fluctuations attributed to global economic uncertainty and changes in international demand.
